is a new stake-to-earn project that mirrors Bitcoin as it was in April 2011 – when BTC was priced at just $0.99 and had a circulating supply of only 6 million.
However, that does not necessarily mean it is the most useful – in fact, it has very limited use cases outside of limited use as a currency and is, instead, mostly seen as a store of value and investment vehicle.Bitcoin uses a proof-of-work consensus mechanism, which means that it is extremely expensive and difficult to mine and needs validators to confirm transactions.
Furthermore, much of the project’s overall supply of 21 million – which also mirrors the maximum Bitcoin supply – will be allocated to the staking pool.
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